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today’s news for Friday, March 1, 2024

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Regent Education. Regent Education automates the financial aid lifecycle across all enrollment and educational models. Designed by financial aid experts, our holistic, cloud-based, SIS-agnostic platform integrates with key campus systems, enabling institutions to increase efficiency, give students greater transparency into borrowing options, and exceed enrollment goals.

NEWS FROM NASFAA

This week on "Off The Cuff," Allie and Karen are joined by Jon Fansmith, the American Council on Education's senior vice president of government relations and national engagement, to discuss an update to the Student Aid Index (SAI) formula from the Department of Education (ED), which allows the Student’s Contribution from Income (SCI) to have a negative calculated value with no floor. However, the team also discusses how a continuing resolution (CR) passed by Congress would rescind that update.

NASFAA UPDATES AND ANNOUNCEMENTS

Get the recognition you deserve by earning the FAAC® designation. Schedule your exam soon to take advantage of your knowledge of current Title IV regulations before the Certified Financial Aid Administrator® Knowledge Exam is updated for the 2024-25 award year on May 1, 2024. If your application has already been approved, purchase the certification knowledge exam and schedule your session online. If you haven’t applied yet, take advantage of the waived application fee and complete your application online right away. Learn more about the testing process and make sure you meet all of the technical requirements. Utilize candidate resources to review for the exam.

If you attended Federal Student Aid’s (FSA) 2023 Virtual FSA Training Conference, be sure to download and print your certificates of attendance before March 4, 2024. The event platform will no longer be available after March 4, at which time you will no longer have the ability to print certificates of attendance. Instructions for printing your certificates of attendance can be found on this post.

Join us for a special episode of Voices of NASFAA on March 8 at 12 p.m. ET to honor Women’s History Month and celebrate International Women’s Day. We’ll sit down with NASFAA National Chair Helen Faith, FAAC, and NASFAA National Chair-Elect Kristi Jovell, FAAC, to learn more about their background, as they share their voices with our community. As we dive into their experiences, we’ll also be reflecting on Women’s History Month and what the month means for our community and profession.

Please join us in congratulating; Katrina Bennett, formerly the associate director for operations/office of financial aid at Colorado State University, who is now the director of financial aid at Champlain College; Nathan Lohr, FAAC®, formerly the director of financial aid at the University of Indianapolis, who is now the director of financial aid at Wabash College; Meghan Palumbo, who was promoted from student loan officer to director of student financial aid programs at Allegany College of Maryland; and Christina Felcyn, FAAC®, formerly the financial aid officer/advisor at Oakland Community College, who retired in February after 10 years of working in financial aid. Celebrate your own career developments by completing the "Movers and Shakers" form to share the news with your colleagues.

U.S. DEPARTMENT OF EDUCATION

TRENDING IN FINAID NEWS

INDUSTRY NEWS OF THE WEEK

NASFAA TRAINING

NASFAA CAREER CENTER

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